Articles Tagged with "fraud"

There’s an interesting post over at Krebs On Security talking about some poor company that is going bankrupt because TD Bank allegedly will not give them their money back after it was stolen out of their account.

A former Senior Vice President of Area Operations for First Service Credit Union in Houston has pleaded guilty to embezzling more than $30,000 from his former employer, United States Attorney Tim Johnson announced today.

A former loan processor was sentenced Friday to to one year and one day imprisonment for wire fraud and aggravated identity theft charges. Senior United States District Judge James C. Fox also ordered Maria Lorena Croll, 24, of Raleigh, North Carolina, to pay restitution of $2,138.52.

Because data breaches have become such commonplace incidents, there is concern that people have become desensitized to the potential harm they face upon receiving a notification letter from an organization informing them that sensitive information has been lost or misappropriated.

A 22-year old man was sentenced to 15 months in prison and restitution of $200,073.44 for fraud and related activity in connection with computers. After release from prison, Michael Largent will also face three years of strict restrictions on his use of computers and the Internet.